With an aim to further augment its point-of-sale (POS) lending business, Truist Financial TFC has inked a deal to acquire Service Finance Company, LLC from Canada-based ECN Capital Corp. for $2 ...

The purchase of Service Finance Co. would widen the scope of Truist’s point-of-sale lending business to include financing to homeowners. The Charlotte, North Carolina, bank currently offers loan ...

Learn the key differences between embedded finance and banking as a service, how they work together, and what they mean for modern businesses. Financial services are no longer limited to banks. Today, ...

Customer needs and expectations have evolved dramatically in recent years—and they will continue to evolve in the coming decade. Factors including new technologies, economic pressures and the growing ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The industry’s AI spend is projected to rise from $35 billion in 2023 to $97 billion by 2027, which represents a compound annual growth rate of 29%. The industry’s AI spend is projected to rise from ...